Thursday, 23 February 2017, 9:15 am Press Release: Vodafone
Vodafone disappointed Commerce Commission declined the
proposed merger with SKY
Vodafone New Zealand and
Vodafone Group Plc (LSE: VOD) were today advised the New
Zealand Commerce Commission declined the proposed merger of
Vodafone New Zealand with SKY Network Television Ltd (ASX
and NZX: SKT).
Vodafone will carefully review the
Commission’s statement and consider all courses of action.
Vodafone New Zealand’s Chief Executive Officer,
Russell Stanners said, “We are disappointed the Commerce
Commission was unable to see the numerous benefits this
merger brings to New Zealanders.”
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